Qatar Investment Authority said to seek further $2bn deal with Russia

[Kuwaiti Girl]

Qatar Investment Authority said to seek further $2bn deal with Russia
Sovereign wealth fund bought a 19.5 percent stake in oil giant Rosneft this month
http://www.arabianbusiness.com/qata...seek-further-2bn-deal-with-russia-660984.html

Qatar’s sovereign wealth fund is reportedly planning to invest a further $2 billion in Russia following its landmark deal to buy a stake in Russia’s state-owned oil giant Rosneft earlier this month.
Russian president Vladimir Putin said on Wednesday that QIA would be involved in new oil extraction projects in the country, but did not divulge further details, reported the Financial Times.
QIA this month purchased a 19.5 percent stake in Rosneft, in a deal with commodities trader Glencore.
Rosneft CEO Igor Sechin described the privatisation deal as the largest in Russia’s history when it was announced on January 4.
According to the FT, QIA CEO Abullah bin Mohammed Al Thani, added that the fund would invest a further $2 billion on top of $500 million of existing investments in the countrt – some which are being made directly with Russia’s $10 billion Russia Direct Investment Fund.

 

[50cent]

Boko Haram. Mad dog in syria Arse was on fire about this deal

 

[Kuwaiti Girl]

^^Qatar has jumped ship lol.

 

[AZADPAKISTAN2009]

There is no jumping ship it is just called economics and trading , with regional countries near to your border to promote peaceful ties.

Just trade deal

 

[HannibalBarca]

There is no jumping ship it is just called economics and trading , with regional countries near to your border to promote peaceful ties.

Just trade deal

There is no biz without politics and there is no politics without biz... Qatar could have done it few years back... why now?

it's to strenghten ties with none opec states, that way controlling fluctuation and enforcing decision will be easier...

 

[shhh]

opec

what is opec/non-opec states

 

[HannibalBarca]

what is opec/non-opec states

https://en.wikipedia.org/wiki/OPEC

 

[shhh]

https://en.wikipedia.org/wiki/OPEC

Okay.

it's to strenghten ties with none opec states, that way controlling fluctuation and enforcing decision will be easier...

How are they going to control fluctuation? And how will this decision make it easier to enforce their decisions (and to whom?)

Newbie here

 

[HannibalBarca]

Okay.



How are they going to control fluctuation? And how will this decision make it easier to enforce their decisions (and to whom?)

Newbie here

Well if I have a bedroom in your house, that's mean I can see you everyday , speak with you, and have a word in the house...

 

[shhh]

Well if I have a bedroom in your house, that's mean I can see you everyday , speak with you, and have a word in the house...

Thats a nice way to put it.